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☆ These ETFs promise investors downside protection — at a cost
▼ + stars: | 2024-05-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Investors looking for protection against market downside are turning toward buffer exchange-traded funds, also known as defined-outcome ETFs. Buffer ETFs have exploded in popularity in recent years, although they are still a small slice over the overall industry. How buffer ETFs work Managers use a set of equity options when building a fund. Recently, Calamos announced a new product line of 12 ETFs that offers 100% downside protection. The first in the line, Calamos S & P 500 Structured Alt Protection ETF (CPSM) , began trading May 1.

Persons: Lan Anh Tran, Morningstar, Tran, Todd Sohn, Strategas, Sohn, Calamos, Russell, Matt Kaufman, Kaufman, Morningstar's Tran, HELO 1Y, It's Organizations: Morningstar, Strategas Securities, Capital Management, Equity, PGIM, Allianz, BlackRock, Treasury, Trust, JPMorgan Hedged Equity, JPMorgan Locations: BlackRock

☆ Stock futures slip ahead of shortened trading week: Live updates
▼ + stars: | 2024-03-24 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) on March 20, 2024 in New York City. Stock futures were slightly lower Sunday evening ahead of March's last—and shortened—trading week. S&P futures and Nasdaq 100 futures lost nearly 0.1%. Overall investor sentiment remains above its historical average, according to the latest weekly American Association of Individual Investors Sentiment Survey, reflecting persistent market optimism. This week, investors will gain further insight about the path of inflation from the February personal consumption expenditures price index, the Fed's preferred inflation gauge, released Friday morning.

Persons: Ryan Grabinksi Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow, Federal, American Association of, Strategas Securities Locations: New York City, March's, U.S

☆ Berkshire Hathaway topped $600,000 a share last week, aiming at $1 trillion market value
▼ + stars: | 2024-02-11 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

The swift rally has pushed Berkshire's market cap above $863 billion as of Friday's close, making it the seventh most valuable company in the U.S. Road to 600k It took Berkshire Class A shares about two years to go from $500,000 to $600,000. In terms of market cap weighting and earnings contribution to the S & P 500, Berkshire is now the best candidate to join the crowd, Strategas said. High price tag Berkshire's original Class A shares carry one of the highest price tags on Wall Street . Berkshire's Class B shares have gained more than 11% this year and also hit an intraday record of $399.15 earlier this week.

Persons: Warren Buffett's Berkshire Hathaway, Tesla, Tesla —, Eli Lilly, Strategas, Buffett, Ben Graham Organizations: U.S, BNSF Railway, Geico Insurance, U.S ., PetroChina, Alleghany, Occidental Petroleum, Microsoft, Apple, Nvidia, Tesla, Strategas Securities, Broadcom Locations: Warren Buffett's, U.S, Omaha, Berkshire, Saudi Aramco

☆ Three stocks stocks that could replace Tesla in the Magnificent 7
▼ + stars: | 2024-02-07 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Now some on Wall Street believe Tesla no longer deserves to be among the coveted " Magnificent 7 ," and are suggesting alternatives that could replace Elon Musk's company. "The Magnificent 7 now looks more like the Magnificent 6 as Tesla falls from the crowd," billionaire investor Leon Cooperman , CEO of the Omega Family Office, said on CNBC's " Squawk Box " Tuesday. Meanwhile, there are now 29 companies that contributed more to S & P 500 earnings than Tesla, according to Strategas Securities. The research firm identified three companies with both market cap weighting and earnings contributions (for the next 12 months) larger than Tesla — Berkshire Hathaway , Broadcom and Eli Lilly . "Berkshire spent last year fliting with the top seven, but Broadcom and Lilly have steadily gained share," Strategas said in a note.

Persons: Tesla, Elon, Leon Cooperman, Berkshire, Eli Lilly, Lilly, Strategas, Warren, Eli Lilly's, — CNBC's Michael Bloom Organizations: Elon Musk's, Omega, Strategas Securities, Berkshire Hathaway, Broadcom, Berkshire, JPMorgan Locations: Warren Buffett's Berkshire

☆ Oil prices gain $1 on strong U.S. economic growth
▼ + stars: | 2024-01-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices gained steam Thursday on stronger than expected U.S. economic growth, stimulus in China and falling domestic crude stockpiles. The U.S. economy grew 3.3% in the fourth quarter of 2023, soundly beating the Wall Street consensus estimate of 2%. Commercial crude oil stockpiles in the U.S. declined by 9.2 million barrels during the week ended Jan. 19, according to the Energy Information Agency. The stockpile decline is due to U.S. production taking a hit from a winter storm earlier this month, according to John Evans with PVM Oil Associates. U.S. production declined by 1 million barrels per day to 12.3 million bpd last week, according to estimates from the EIA.

Persons: Brent, John Evans, Ida, Ryan Grabinski, Grabinski, Evans Organizations: West Texas Intermediate, Energy Information Agency, PVM Oil Associates, Strategas Securities, Wednesday, CNBC PRO Locations: China, U.S, North Dakota, North America, Aden, Yemen, Iran, Iraq

☆ India is a breakout star during a tough year for emerging markets investing
▼ + stars: | 2023-12-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The India SENSEX Index, an index of 30 large companies listed on the Bombay Stock Exchange, is up 18% this year. The iShares MSCI India ETF (INDA) is at a new high. You run several international ETFs focused on the internet and ecommerce, including the India Internet & Ecommerce ETF (INQQ). The internet companies are the fastest growing consumer companies. The India Internet economy may grow 500% by 2030.

Persons: Burton Malkiel, Kevin Carter, Todd Sohn, There's Organizations: Bombay Stock Exchange, Edge, Chemical Bank, Princeton University, EMQQ, India, Ecommerce, Strategas Securities, Microsoft, Apple, India's Tata Group, Bajaj Financial, China ETF, White House Locations: Europe, India, China, United States

☆ Cryptoverse: As good as gold? Spot bitcoin ETFs aim to whip up US demand
▼ + stars: | 2023-10-31 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +5 min

Mainstream investment giants such as BlackRock (BLK.N) and Fidelity, as well as crypto-focused firms like Grayscale, have filed applications for spot bitcoin ETFs. U.S. crypto firm NYDIG estimates demand for a spot bitcoin ETF at around $30 billion. Their calculation compares the sizes of the gold and bitcoin ETFs - $210 billion versus $28.8 billion, respectively - and adjusts them for their relative volatility. BlackRock declined to comment on its pending spot bitcoin ETF, other than to confirm that it is still awaiting final SEC approval. His forecast is based on how demand evolved in smaller markets where spot bitcoin ETFs already exist, such as Canada.

Persons: Dado, Dave Mazza, George Gagliardi, cryptocurrencies, bitcoin, Todd Sohn, Steven McClurg, Crypto, Matthew Sigel, Matthew Hougan, Steve Sosnick, Suzanne McGee, Ira Iosebashvili, Michelle Price Organizations: REUTERS, Roundhill Investments, Fidelity, U.S . Securities, Exchange, Coromandel Wealth Management, Strategas Securities, Boston Consulting, BlackRock, SEC, Bitwise Investments, Interactive, Thomson, Reuters Locations: U.S, BlackRock, Lexington , Massachusetts, Canada

Oct 27 (Reuters) - Bargain hunting drove investors to exchange-traded funds (ETFs) tracking technology companies after shares fell sharply on mixed earnings from heavyweights. The fund's price fell nearly 4% in the week, as mixed results from megacaps like Alphabet (GOOGL.O) weighed on the sector. Tech funds saw inflows of $2 billion in the week to Wednesday, their largest in eight weeks, according to BofA Global Research, which it attributed to investors "buying the dip". The $14 billion ProShares UltraPro QQQ (TQQQ.O) posted net weekly inflows of $68.15 million, even as the price of the fund fell 9.5%. The $46.5 billion Technology Select Sector SPDR Fund and the $9 billion VanEck Semiconductor ETF (SMH.O) posted net inflows of $205.7 million and $280.6 million, respectively, for the week.

Persons: Todd Sohn, Todd Rosenbluth, Vanda Research's, Bansari Mayur, Shweta Agarwal Organizations: Technology ETF, Apple, Microsoft, Strategas Securities, VettaFi . Tech, Nasdaq, Tech, BofA Global Research, Fund, Semiconductor, Thomson Locations: VettaFi, Bengaluru

The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL.O), the largest single-stock ETF for bullish bets on Tesla's shares, saw net daily inflows of $24.9 million on Thursday, according to Lipper data. Tesla's shares are up 72.3% this year. Tesla was also the most-bought stock among retail traders on Thursday, with net buys of $159.5 million, according to data from Vanda Research. On the other side, two ETFs bearish on Tesla, the $58 million Direxion Daily TSLA Bear 1X Shares ETF (TSLS.O) and the $109.6 million AXS TSLA Bear Daily ETF (TSLQ.O), saw net outflows of over $1 million each. Rex Shares and Tuttle Capital Management launched a suite of hyper-levered single-stock exposure funds on Thursday, including the T-REX 2X Long Tesla Daily Target ETF (TSLT.O), the T-REX 2X Inverse Tesla Daily Target ETF (TSLZ.O).

Persons: Elon Musk, Tesla, Todd Sohn, Rex Shares, Bansari Mayur, Ira Iosebashvili, Leslie Adler Organizations: REUTERS, Strategas Securities, Vanda Research, Tuttle Capital Management, Tesla, Target, Thomson Locations: Oslo, Norway, Victoria, Bengaluru

☆ Simplify Asset Management to roll out ETFs based on AI-driven stockpicking
▼ + stars: | 2023-10-12 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

Oct 12 (Reuters) - Simplify Asset Management plans to roll out three new exchange-traded funds (ETFs) that rely on artificial intelligence rather than human beings to select portfolio holdings, adding to a nascent sub-sector that has so far delivered underwhelming results for investors. "A large portion of the investment community remains wary of putting their money into a product that depends on algorithms," Sohn said. The largest fund in this $673.5 million slice of the $7 trillion market for U.S. ETFs is the WisdomTree U.S. AI Enhanced Value Fund (AIVL.P), with net assets of $363.4 million. "I'm not sure the technology is there yet, or that it's speaking to investors,” said Bryan Armour, an ETF analyst at Morningstar. Read NextReporting by Suzanne McGee; Editing by Ira Iosebashvili and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Boosted.ai, Todd Sohn, Sohn, AIEQ, I'm, ”, Bryan Armour, Suzanne McGee, Ira Iosebashvili, Chris Reese Organizations: Management, SEC, Morningstar, Strategas Securities, AI, Equity ETF, Fund, Momentum, Thomson Locations: U.S

☆ Why now may be the time to own corporate bonds
▼ + stars: | 2023-10-07 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

There may be advantages to owning corporate bonds right now. JPMorgan's Bryon Lake believes his firm's Ultra-Short Income ETF (JPST) is ideal for those looking to make money outside the volatile stock market. "Some of the corporates got higher quality than the U.S. government [bonds] right now," he told CNBC's "ETF Edge" this week. Lake, JPMorgan's global head of ETF Solutions, also sees the firm's active management strategy as an advantage of owning the JPST. Strategas Securities' Todd Sohn also likes corporate bonds, citing the the monetary policy backdrop.

Persons: Lake, CNBC's, you've, Todd Sohn Organizations: ETF Solutions, Securities Locations: U.S

☆ The firm behind the largest crypto ETF just launched ether futures ETFs
▼ + stars: | 2023-10-06 | by ( Natalie Zhang | ) www.cnbc.com time to read: +2 min

Ether made its ETF debut with the release of six different futures products on Monday. ProShares Advisors is behind three of the new ETFs: Ether Strategy ETF (EETH), Bitcoin & Ether Equal Weight Strategy ETF (BETE) and the Bitcoin & Ether Market Cap Weight Strategy ETF (BETH). The regulated futures market in an ETF is a great solution, he added. ProShares also manages the Bitcoin Strategy ETF (BITO ), which is the largest bitcoin futures ETF on the market. It follows bitcoin futures and is up more than 37% year to date.

Persons: BETH, Simeon Hyman, ProShares, CNBC's, Hyman, Todd Sohn, " Sohn Organizations: ProShares Advisors, U.S . Securities, Exchange Commission, SEC, Strategas Securities

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 4 (Reuters) - Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher interest rates. Production at General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) have taken a beating as the UAW strike headed into the 20th day. "The redemption of ~20% of the (First Trust) ETF's net assets in mid-September could have been related to the UAW strike, although it's tough to say with certainty." The $1.02 billion Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL.O) saw its first month of outflows in four.

Persons: Rebecca Cook, Bryan Armour, that's, Todd Sohn, Bansari Mayur, Anil D'Silva Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, Exchange, United Auto Workers ', General Motors, Ford, Chrysler, Nasdaq Transportation, North America, Morningstar, JPMorgan, GM, X Autonomous & Electric Vehicles, Trust, Global, Strategas Securities, Thomson Locations: Delta Township, Michigan, Bengaluru

☆ Inflows to bond ETFs on the rise: Strategas Securities' Todd Sohn
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflows to bond ETFs on the rise: Strategas Securities' Todd SohnTodd Sohn, Strategas Securities ETF and technical strategist, joins 'The Exchange' to discuss sentiment trends in the ETF market, volatility in overbought bond ETFs, and interest rate pressures hurting regional banks.

Persons: Todd Sohn Todd Sohn Organizations: Strategas Securities

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 26 (Reuters) - Approvals on new exchange-traded funds, including bitcoin spot ETFs, could face delays if the U.S. government shuts down next month for the fourth time in a decade. "I'm not sure if ETFs that have been filed for approval can move forward with the government shutdown," said Todd Rosenbluth, head of research at VettaFi. "This would just delay yet another decision on the never ending spot Bitcoin decision," said Todd Sohn, ETF and technical strategist at Strategas Securities. "ETFs are just pass through vehicles ... impact on the underlying markets will obviously impact ETFs," said Hector McNeil, co-CEO and founder of HANetf. "People will also probably pause if they're about to launch (new ETFs) and wait for steady waters."

Persons: Dado Ruvic, Exchange Commission's, Gary Gensler, I'm, Todd Rosenbluth, Todd Sohn, Hector McNeil, Bansari Mayur, Ira Iosebashvili, Anil D'Silva Organizations: REUTERS, Securities, Exchange, SEC, Strategas Securities, Thomson Locations: U.S, Bengaluru

☆ Industrials over tech? Gauging productivity play among AI ETFs
▼ + stars: | 2023-08-26 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

BOTZ has been a key beneficiary of the AI advance, garnering $594 million in inflows this year, according to FactSet. While many investors see AI as a tech play, Todd Sohn, ETF and technical strategist at Strategas Securities, believes that the benefit of industrials is an under-the-radar narrative worth taking a second glance at. And because data is what's driving AI, Maier said, larger companies like Amazon , Alphabet and Meta Platforms best retain that type of exposure. "Right now, [data] is what AI is, while we're trying to figure out where AI is going," he said. But for investors looking to diversify beyond the tech wave, Sohn affirmed that industrials are poised to benefit from the rise in AI-induced efficiency and productivity in robotics and automation companies.

Persons: Jon Maier, CNBC's Bob Pisani, Maier, it's, BOTZ, Todd Sohn, Sohn, " Sohn, AIQ, industrials Organizations: Robotics, Intelligence, Nvidia, Strategas Securities, Technology, Global Locations: BOTZ, U.S, outflows

☆ Energy is starting to take 'the leadership baton' in the market, says Strategas' Todd Sohn
▼ + stars: | 2023-08-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy is starting to take 'the leadership baton' in the market, says Strategas' Todd SohnTodd Sohn, Strategas Securities ETF and technical strategist, joins 'Squawk Box' to discuss the latest market trends, rest of year outlook, and more.

Persons: Strategas, Todd Sohn Todd Sohn Organizations: Email Energy, Strategas Securities

☆ The second-half playbook for ETFs: Will investors return to stock-based ETFs?
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe second-half playbook for ETFs: Will investors return to stock-based ETFs? Todd Sohn, Strategas Securities, joins CNBC's Bob Pisani to discuss the lack of investor enthusiasm for stock-based ETFs, and how investors can prepare for the second half of 2023.

Persons: Todd Sohn, Bob Pisani Organizations: Strategas Securities

☆ Firms are bringing production back home because of the Ukraine war, China's slowdown — and TikTok
▼ + stars: | 2023-06-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

Earnings calls discuss 'reshoring'A number of banks noted mentions of the domestic manufacturing trend in U.S. earnings calls for the most recent quarter. And we have never … got the target right," McRaith told an audience at a supply chain conference organized by software company o9 Solutions in April. Bill McRaith Former chief supply chain officer, PVHMcRaith, a former chief supply chain officer at Tommy Hilfiger-owner PVH , said the apparel industry both over-orders and under-orders stock by about 20% to 25%. If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain. "If we build an economy based on electrification and batteries, it's going to be really important to control our own supply chain," he told CNBC's "Street Signs Asia" in April.

Persons: Luke Sharrett, Savita Subramanian, Ryan Grabinski, they're, Bill McRaith, McRaith, PVH, Tommy Hilfiger, we've, Shein, Jade Gao, it's, Keith Phillips, Joe Biden, CNBC's, Elon Musk, Phillips Organizations: European Union, Bloomberg, Getty, Bank of America, UBS, Securities, o9 Solutions, CNBC, AFP, U.S ., Reshoring, EV, U.S, EVs Locations: China, Ukraine, U.S, Europe, Brazil, Guangzhou, U.S . U.S, Corpus Christi , Texas, Tennessee, United States

☆ Japan stocks are on fire this year. Here are 3 reasons why the rally could have 'staying power'
▼ + stars: | 2023-05-27 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

Since then, Japanese equities have rallied. Even so, Strategas Securities' Chris Verrone has remained optimistic on Japanese equities, saying this week that the rally is not yet overbought. Meanwhile, JPMorgan chief market strategist Marko Kolanovic said in a note, also on Tuesday, that the rally in Japan still has "staying power." For international investors, those remarks signaled that Japanese companies may be more transparent with shareholders in the future. Investors can also take a company-specific approach, according to Diamond Hill's Mohanraj, who favors Japanese companies that boast differentiated products.

☆ Strategas' Dan Clifton breaks down what the debt ceiling means for stocks
▼ + stars: | 2023-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategas' Dan Clifton breaks down what the debt ceiling means for stocksDan Clifton, Strategas Securities head of policy research, joins 'The Exchange' to discuss the looming debt ceiling and what it could mean for stocks.

☆ This France ETF is booming despite domestic turmoil. Thank the Chinese consumer
▼ + stars: | 2023-04-19 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

EWQ ALL mountain The iShares MSCI France ETF is trading at close to its all-time high. To be sure, the outsized rallies for luxury stocks — and new highs for the fund — could also be a sign that a reversal is near, at least in the short-term. However, Roth MKM chief market technician JC O'Hara said in a note to clients on Sunday that it appears that luxury stocks still have room to run. "We first highlighted the strength of the Luxury Goods market in early December. Since that time, the S & P Global Luxury Goods Index has risen +13%, versus the S & P 500, +1.8%.

☆ Strategas' Dan Clifton on the debt limit bill: This is going to be some watered-down plan
▼ + stars: | 2023-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategas' Dan Clifton on the debt limit bill: This is going to be some watered-down planDaniel Clifton, Strategas Securities head of policy research, joins CNBC's 'Squawk Box' to discuss what Clifton's expecting House Speaker McCarthy to say to Wall Street, why Speaker McCarthy decided to speak to the investor community, and more.

☆ Time for a buffer? Defined outcome strategies in a down market
▼ + stars: | 2023-04-12 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

Buffer ETFs, which are encompassed by defined outcome funds, offer participation in stocks or bonds while maintaining a level of downside protection — protection usually paid for by a cap level on potential upsides. For investors easing into the defined outcome ETF space, Day said, the Innovator Defined Wealth Shield ETF (BALT) is the more conservative strategy. "Every time the market has corrected the 20% buffer, BALT has really guarded investors against losses," Day said. But to counter those concerns, Sohn explained, market volatility in recent years has created an environment tailored for buffer ETFs to prevail. Now you're seeing options-related strategies to get that income through the equity market."

☆ Investors are watching guidance this earnings season, but might not like what they see
▼ + stars: | 2023-04-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the economy’s temperature. Analysts forecast that first-quarter earnings for companies in the S&P 500 will fall 6.8% from the same period the previous year, according to FactSet. “We all expect earnings to be less than stellar,” says Shana Sissel, chief executive officer at Banríon Capital Management. Earnings season for banks starts on Friday with JPMorgan Chase, Wells Fargo, BlackRock, Citigroup and PNC Financial Services slated to report before the bell. Still, earnings are just one factor driving markets, and inflation remains a key concern for the Fed.

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